CBC Contract Law & Legal Responsibilities Flashcards
6 cards from real CBC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CBC Contract Law & Legal Responsibilities flashcards as text
Under Florida Statute §489.126, a contractor who receives a deposit exceeding what threshold must apply for permits within 30 days?
Answer: $2,500
Florida §489.126 requires contractors who receive deposits of more than $2,500 on jobs requiring a permit to apply for that permit within 30 days of receiving the funds.
What is an 'acceleration claim' in construction contract law?
Answer: A claim for additional costs incurred when forced to complete work faster than the contracted schedule
An acceleration claim seeks compensation for extra costs (overtime, additional crews) when the contractor is directed or constructively required to speed up work to meet a deadline.
Which Florida statute governs prompt payment obligations on private construction projects?
Answer: Florida Statute §715 (Prompt Payment Act for private projects)
Florida's Prompt Payment Act for private construction projects (§715.12, F.S.) establishes mandatory payment timelines and interest penalties for late payments.
A contractor abandons a project without legal justification. Under Florida law, this is grounds for:
Answer: License suspension or revocation by the CILB
Abandonment of a construction project without legal excuse is a disciplinable offense under Florida §489.129, which can result in license suspension or revocation by the CILB.
Which clause in a construction contract allows either party to stop work or terminate the contract if performance is prevented by events beyond their control (e.g., natural disasters)?
Answer: Force majeure clause
A force majeure clause excuses contractual performance when extraordinary events outside the parties' control — such as hurricanes, floods, or pandemics — make performance impossible.
What is the statute of repose for construction defect claims in Florida?
Answer: 10 years from substantial completion
Florida §95.11(3)(c) establishes a 10-year statute of repose for latent construction defect claims, running from the later of substantial completion or abandonment.